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Storied MTN banker will leave the US firm after almost 13 years
Adrien Lan was previously UBS's global head of MTNs
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A pair of supranationals have launched MTNs in two emerging market currencies, adding new flavours to the flurry of emerging market paper from supranational borrowers. -
Korea Development Bank (KDB) has made its debut in the Swedish krona market, becoming the second Korean public sector entity to do so this year.
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The International Finance Corporation (IFC) has extended its newly minted social bond programme into the private placement market. MTN bankers believe the social format could prove more popular in the private market than green bonds.
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The European Union’s rules to improve the resilience of money market funds came into force on Thursday. Investors expecting similar consequences to those which followed the US reform can breathe a sigh of relief.
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The Province of Alberta is planning another two dollar benchmarks during this calendar year, as it attempts to make up lost time after a surprise rating action by S&P earlier in the year. The sub-sovereign also revealed to GlobalCapital its issuance expectations for its new US commercial paper programme.
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The Asian Infrastructure Investment Bank (AIIB) on Tuesday completed a clean sweep of triple-A scores from the big three rating agencies, as S&P Global Ratings awarded the supranational its top score. AIIB will now focus on the next steps it must complete before entering the bond markets.
